Major EU member states oppose the new sanctions mechanism, which is designed to block Russia's circumvention of the ban on the import of components critical to the military industry.
EU proposed a revolutionary mechanism of sanctions against the Russian Federation
Currently, the EU is discussing and agreeing on a new package of sanctions against Russia; in particular, it is proposed to include the following mechanism. European companies that sell dual-use goods to third countries must have a clause in the export contract prohibiting the resale of these goods to Russia.
It is also suggested that the buyer of such goods make an insurance deposit to guarantee compliance with the contract terms. In case of its violation, the money will be transferred to Ukraine's needs.
According to informed sources, the Baltic countries, particularly, favour putting this sanction mechanism into effect. However, the "big member states" have expressed several concerns about these proposals. In particular, they have doubts about their legality.
Sceptical countries also want to narrow the list of goods to which the proposed mechanism will apply as much as possible. Large EU member states are also concerned that such harsh export contract terms could put European companies at a competitive disadvantage.
What is known about Ukraine's new sanctions against the Kremlin's guides in Ukraine and the Russian Federation
It is noted that the imposed restrictions affected the ex-head of the administration of the President of the Russian Federation, Anatoly Chubais, and the ex-deputy secretary of the NSDC, Volodymyr Sivkovich.
The decrees provide for the application of sanctions to several individuals and legal entities. In total, there are 147 individuals and 303 legal entities.
The first decree deals with introducing sanctions against 60 individuals over ten years.
In particular, we are talking about blocking assets and limiting trade operations.
The sanctioned persons list includes citizens of the Russian Federation, Uzbekistan, Ukraine, Cyprus, Great Britain, Germany, and Switzerland.
Among them is Volodymyr Sivkovich, ex-deputy secretary of the NSDC.
This decree also imposes 10-year sanctions against 93 legal entities in various countries, including Russia, Cyprus, Turkey, and China.
The sanctions of the second decree apply to 87 individuals and 210 legal entities. It is also mainly about sanctions for ten years.
In the list of natural persons, in particular, the ex-head of the administration of the President of Russia, Anatoly Chubais, and legal entities — Russian energy companies.
MFA of Ukraine must inform the competent authorities of the European Union, the United States of America and other states about the application of these sanctions.
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